ABOARD AIR FORCE TWO — Vice President Joe Biden said he and President Obama are “anxious to get moving” on urgent issues, such as the looming fiscal cliff, while suggesting that the likelihood of an accord on taxes and spending may depend on how Republicans respond to Tuesday’s election results.

“I hope there's going to be some real soul-searching the Republican Party about what they're willing to cooperate on,” Biden said Wednesday.

Biden's comments aboard Air Force Two came as he returned home to Delaware after spending election night in Chicago. He said that he understands that it’s “going to take some time” for Republicans to find their course after the fallout of the election, in which the president secured a second term and Democrats expanded their majority in the Senate, even as Republicans maintained control of the House.

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“We’re going to have to compromise too. It’s not like we’re going to go in and say, ‘This is our deal, take it or leave it,’ ” he said.

Beyond fiscal issues, Biden listed immigration reform as an area he and the president are eager to move forward on. He said the election results should be a “wake-up call for a lot of my Republican colleagues,” given Obama’s strong performance among Latinos.